Lesson 1.1.1a
1.1.1a Changing technology, changing consumer wants and obsolescence Quiz: Pearson Edexcel Business, Unit 1
20 questions
In partnership with Revision Ninja
Lesson 1.1.1a, Changing technology, changing consumer wants and obsolescence: 20 multiple choice questions for the Pearson Edexcel GCSE Business (1BS0), Unit 1: Enterprise and entrepreneurship, written with Revision Ninja.
Host it live on the board and students join with a game code on their own devices, or revise alone with Free Play. The answers are revealed in the game.
The 20 questions
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Which of these is an example of a change in technology that could create a new business opportunity?
- A restaurant closing on Monday evenings during the quietest winter weeks
- A council reducing the number of bins collected from homes each month
- Online video streaming allowing films to be watched on demand at home
- A supermarket changing the colour of its checkout belts to bright blue
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What does it mean if a product has become obsolete?
- It is no longer wanted or used because something newer has replaced it
- It is sold at a discount to clear old stock quickly before the end of the season
- It is advertised heavily to attract new customers in an unfamiliar overseas market
- It is made in a factory that has recently been moved to a different country
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A bakery notices that more customers are asking for gluten-free bread. What type of change does this show?
- A change in the market price of wheat flour
- A change in the law on food labelling in shops
- A change in technology used in the bakery's ovens
- A change in what consumers want
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Which example best shows a new business idea arising from changing consumer wants?
- A café buying a new espresso machine to speed up its lunchtime service
- A café raising its prices because the cost of its coffee beans has increased
- A café opening a gluten-free menu after many customers asked for one
- A café moving to a larger site so it can fit in more tables for customers
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Which description best fits a product that is still sold but has been replaced by a newer, better version?
- A dynamic market where prices change very frequently over the course of the year
- An adapted idea taken from a different market and changed for local use
- An original idea that no other business has yet tried in the market
- An obsolete product that is becoming less wanted because of newer versions
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A company that makes paper maps sees sales fall as people use satellite navigation on phones. What is the main cause?
- Rents for shop units in the high street have risen faster than general inflation
- Changes in technology have made the original product less wanted by customers
- Local councils have increased the business rates paid by all shops in town
- Staff have demanded higher wages and better working conditions at the firm
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A toy firm's sales fall as tablets replace traditional board games for many families. What should the firm consider first?
- Ignoring the change because board games have always been popular with families
- Raising its prices to make up for lost sales across every product it makes
- Looking for new products that meet the changed wants of its customers
- Closing all its shops immediately without considering any alternatives first
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Which of these is most likely to become obsolete because of changes in technology?
- Cassette players, once replaced by digital music played on phones
- Wooden kitchen tables sold in flat-pack form in large furniture stores
- Bicycles with traditional steel frames sold by local cycle shops
- Hand-knitted woollen scarves sold at a village craft fair each autumn
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Why can a business benefit from spotting that one of its products is becoming obsolete?
- It can plan a replacement or updated range before its sales fall sharply
- It can ask suppliers to make more of the old product at a lower unit cost
- It can raise the price of the old product before customers notice it is outdated
- It can use the old product as a loss leader to attract customers each week
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A company decides to make all its adverts online because most customers now use smartphones. Which change is driving this decision?
- A change in the company's pricing policy for its range
- A change in the level of competition from rival adverts
- A change in technology
- A change in the interest rate set by the central bank
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Which of these is the best example of a business responding to changes in technology?
- A hotel reducing its prices during the quietest weeks of the year
- A hotel painting its reception area a lighter shade of cream
- A hotel asking staff to wear smart black uniforms for guests
- A hotel adding an online booking system so guests can reserve rooms from home
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What does the phrase 'dynamic nature of business' refer to?
- The way business environments keep changing over time
- The speed at which a company can move its office to a new site
- The amount of money a firm spends on advertising in a single year
- The number of hours that a shop is open for trade each week
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A bookshop is losing customers because many readers now buy e-books. What is the best first step for the owner?
- Stop stocking any books and close the shop straight away
- Research which products customers now want and consider new services
- Increase the price of all printed books in the shop immediately
- Wait a few years to see whether customers return to printed books
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Which of these is an example of a product that has become obsolete because of changing consumer tastes?
- Fresh bread sold in the local bakery every single morning
- Umbrellas sold in the shop during the rainy autumn months
- Electric kettles that heat water quickly for busy households
- Flared trousers that most shoppers no longer want to buy
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What is the main effect of obsolescence on a business that depends on one old product?
- Its sales are likely to fall as customers move to newer alternatives
- Its workforce is likely to grow to meet demand for the old product
- Its sales are likely to rise as the old product becomes rare and valuable
- Its tax bill is likely to fall because fewer products are being sold
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A business sells video cameras and notices that phones now take high-quality photos. Which action best responds to this change?
- Adding camera features to phone accessories and software to serve the new demand
- Ignoring phones because the business has always sold cameras successfully
- Stopping all research into customer needs to save money on surveys
- Cutting every price by half to force competitors out of the market quickly
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Why might a fast-changing market make it harder for a business to plan ahead?
- Suppliers never deliver goods on time, so businesses cannot predict stock levels
- Customers always buy the same products each year, so forecasts are rarely needed
- Governments never change laws, so businesses have too little information to plan
- Customer wants and technology can change quickly, so forecasts may become inaccurate
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A firm uses an old-fashioned fax machine to take orders. Which change makes this method less useful?
- Changes in technology allowing orders to be placed by email or online
- Changes in the price of paper used by all printers and offices
- Changes in the colour of the office walls and the furniture
- Changes in the number of staff working in the sales department
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Which statement best explains why a business may need to adapt to changing consumer wants?
- Consumers always want the same product, so the business can ignore change
- Consumers only buy from businesses that have been trading for over a century
- Consumers are unaffected by changes in technology when choosing what to buy
- Consumers who no longer want a product will stop buying it, so sales fall
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A company launches a 'smart' kettle connected to the internet. Which two factors are most likely behind this decision?
- Changes in staff holidays and changes in the size of the car park
- Changes in local weather and changes in the number of schools nearby
- Changes in technology and changes in what consumers want
- Changes in government spending and changes in the price of gold
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